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  1. Black billionaires are individuals who are of predominantly African ancestry with a net worth of at least US$1 billion. According to the 2021 Forbes ranking of the world's billionaires, Nigerian business magnate Aliko Dangote had a net worth of $11.5 billion and was the world's richest black man.

    Year
    Black Billionaires
    Bi/multiracial Billionaires With Black ...
    All Billionaires
    2024
    16: Aliko Dangote, $13.9 billion [55] ...
    5: Mohammad Al-Amoudi, $9.43 billion [58] ...
    2,781; Richest: Bernard Arnault & family, ...
    2023
    15: Aliko Dangote, $14.2 billion [50] ...
    5: Mohammad Al-Amoudi, $9.05 billion [53] ...
    2,540; Richest: Bernard Arnault & family, ...
    2021-2022
    17: Aliko Dangote, $11.5 billion [43] ...
    6: Mohammad Al-Amoudi, $5.45 billion [48] ...
    2,755; Richest: Elon Musk, $271.9 billion ...
    2020
    14: Aliko Dangote, $8.3 billion [40] Mike ...
    4: Mohammad Al-Amoudi, $7.6 billion [42] ...
    2,095; Richest: Jeff Bezos, $113 billion
  2. May 16, 2023 · Abu Mubarik May 16, 2023. Robert F. Smith and his family. Photo Credit: Robert F. Smith on Facebook. The average American black family is only as wealthy as one-tenth of the average white family...

    • David Steward
    • Oprah Winfrey
    • Robert F. Smith
    • Michael Jordan

    With a net worth of $3 billion, David Steward ranks as no. 745 on Forbes’ list of global billionaires. In 1990, Steward invested $250,000 that he earned from two auditing ventures to launch World Wide Technology (WWT), an IT provider that offers hardware and software products and services to large public and private customers in various sectors. It...

    The “Queen of All Media” has accumulated a massive net worth of $2.5 billion, according to Forbes, thanks in large part to her partnership with Weight Watchers. Back in 2015, Oprah Winfrey bought a 10% stake and became an ambassador for the company. By June 2018, her stake was estimated at $427 million. Winfrey also generates revenue through severa...

    Robert F. Smith is the founder, chairman, and chief executive of Vista Equity Partners. His company was recognized as the top private equity firm on the BE100slast year, generating $14 billion in capital. And, with a $5 billion net worth, he is currently the richest black person in the country. Heralded as a private equity titan and Wall Street wiz...

    Although considered the greatest basketball player of all time, Michael Jordan only made about $90 million during his stellar career in the NBA. However, thanks to lucrative endorsements, like his lifetime deal with Nike, and big investments, like his purchase of the Charlotte Hornets, he has amassed a $1.9 billion net worth.

  3. Oct 14, 2021 · For those who made Forbes annual 400 Richest Americans list, their fortune combined soared to $4.5 trillion. The two Black people who made the list were men— Robert F. Smith and David Steward...

    • Mohammed Ibrahim: $1.14 billion. Self-made billionaire, 71 year-old Mohammed Ibrahim, was born in Sudan and now lives in the United Kingdom, where he is the 11th wealthiest citizen.
    • Michael Jordan: $1.31 billion. One of the most successful athletes of all time, Michael Jordan, 54, made a total of $90 million as a basketball player, according to Forbes.
    • Folorunsho Alakija: $1.61 billion. Folorunso Alakija, vice chair of Nigerian oil company Famfa Oil, got her start in business as the founder of an elite Nigerian fashion label, according to Forbes.
    • Patrice Motsepe: $1.81 billion. South-African Patrice Motsepe, 55, founder of the mining company African Rainbow Minerals, was Africa's first black billionaire.
  4. Aug 24, 2017 · #10. Mohammed Ibrahim: $1.1 billion. Mohammed Ibrahim is a self-made billionaire from the Sudan. He currently lives in the U.K. and is one of the wealthiest people there. Ibrahim became a...

  5. Mar 20, 2020 · Using white colleagues as front men, Bernard Garrett bought real estate, made millions and uplifted fellow blacks in pursuit of the American dream. By: Alexis Clark Updated: September 11, 2023...

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